A trade and investment promotion conference chaired by the Vietnamese Embassy and Trade Office in Egypt was organised in Egypt`s Aswan province on April 11 to draw local businesses’ attention to Vietnam.
At the conference, Vietnamese Ambassador Do Hoang Long informed local officials and participating businesses of Vietnam’s development policies, economic strengths and development potential, and the country's key export products.
The Vietnamses diplomat also introduced the participants to the Investment Law and preferential policies to attract more foreign investment in Vietnam, and emphasising that thanks to these policies, around 20 billion USD has been poured into the country annually.
Ambassador Long affirmed that cooperation potential between the two countries is not taken full of advantages as bilateral trade gained just nearly 390 million USD in 2015, of which 20 million USD came from Egypt’s exports.
The ambassador took the occasion to propose Aswan province administration to provide information about its policies and projects that are calling for investment, while suggesting to establish links between the Vietnamese Embassy and Aswan province’s Chamber of Commerce to connect the two nations' businesses.
At the conference, President of the Aswan Chamber of Commerce Mohamed Abu Al Kassem called for Vietnam’s investment in the locality’s strong fields like seafood processing and mining, and suggested Vietnam exempt visas for Aswan businesses.
The Vietnamses diplomat also introduced the participants to the Investment Law and preferential policies to attract more foreign investment in Vietnam, and emphasising that thanks to these policies, around 20 billion USD has been poured into the country annually.
Ambassador Long affirmed that cooperation potential between the two countries is not taken full of advantages as bilateral trade gained just nearly 390 million USD in 2015, of which 20 million USD came from Egypt’s exports.
Illustrative image
|
At the conference, President of the Aswan Chamber of Commerce Mohamed Abu Al Kassem called for Vietnam’s investment in the locality’s strong fields like seafood processing and mining, and suggested Vietnam exempt visas for Aswan businesses.
Other News
- Vietnam offers 50% subsidy for initial investment costs in AI and semiconductors
- North-South high-speed railway to open up new economic opportunities
- Prime Minister calls on China to pilot border economic cooperation zone
- State-owned corporations set to pilot offshore wind power projects
- AIIB ready to fund Hanoi’s urban railway projects
- S.Korea’s industrial conglomerates to expand investment activities in Vietnam
- Intel boosts Vietnam’s semiconductor workforce for ambitious goals
- Vietnam among top investment destinations for SEA investors
- Vietnam looks to support FDI firms as global minimum tax looms
- Factors unlocking Vietnam’s potential in FDI attraction: HSBC
Trending
-
Vietnam, Switzerland upgrade bilateral ties to comprehensive partnership
-
Vietnam news in brief - January 22
-
Tet homework? Yes, but keep it light to avoid stress for students
-
Vietnam hosts first international lantern competition
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads